Thread: USA digital cash

The*digital*dollar*currency*would operate alongside the paper dollar and it would be issued by the*US*Federal reserve which also issues the paper*money. A*digital*dollar would not be a decentralised blockchain-based token, but rather a centralised unit at the Federal Reserve and therefore different from Bitcoin.

Is the US ready to compete with China over digital currency supremacy?


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Originally Posted by jolter604

The*digital*dollar*currency*would operate alongside the paper dollar and it would be issued by the*US*Federal reserve which also issues the paper*money. A*digital*dollar would not be a decentralised blockchain-based token, but rather a centralised unit at the Federal Reserve and therefore different from Bitcoin.

Is the US ready to compete with China over digital currency supremacy?


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Sounds likely that they might do that. Dont know what the repercussions might be as all countries economies are gauged by the US dollar even btc. I am sure it is inevitable that at currency will be digital but I know it will be highly controlled. No mixing, blending, exchanges will go unnoticed.

Max

I pray they don’t. They will control every move you make, will be able to lock your account etc. I guess they could do that now lol but I see if being a bit more of a control factor.